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Game-changer business models for sustainable development

Lookup NU author(s): Professor Noemi SinkovicsORCiD

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Abstract

To address the grand challenges that society faces, incremental change and gradual organizational renewal are not sufficient. A radical transformation of business models is needed. In this paper, we explore game-changer business models that incorporate sustainability principles into their organizational DNA. We draw on two examples from the agrifood sector to illustrate the components of the business model, the impact of Industry 4.0 technologies and the sustainability outcomes. We reinforce the importance of collaboration between policymakers, business leaders and researchers to identify, promote and scale up these business models for transformative societal change.

Publication metadata

Author(s): Sinkovics RR, Gunaratne D, Sinkovics N

Publication type: Article

Publication status: Published

Journal: Transnational Corporations

Year: 2023

Volume: 30

Issue: 3

Pages: 119-127

Print publication date: 01/12/2023

Online publication date: 01/11/2023

Acceptance date: 01/11/2021

Date deposited: 06/09/2024

ISSN (electronic): 2076-099X

Publisher: UNCTAD

URL: https://doi.org/10.18356/2076099x-30-3-8

DOI: 10.18356/2076099x-30-3-8

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